🕐28.06.11 - 17:54 Uhr

SECUTOR CAPITAL REPORT JUN21/2011 - DNI BLACK SHALE METALS PROJECTS, ALBERTA



From: SECUTOR CAPITAL MANAGEMENT CORPORATION 2300 Yonge Street, Suite 3003 Box 2400, Toronto, Ont.

M4P 1E4 T: 416 847-1220 F: 416 545-1011 C: 416 844-4789
DNIS BLACK SHALE METAL COCKTAIL A massive, flat-lying deposit containing low concentrations of virtually the entire periodic table of elements could be the metal equivalent of Albertas oil sands.

Following in the footsteps of Finlands Talvivaara Mine, DNI is proposing a cheap, long-term metal source governed by a different set of economics than conventional mining projects.

The Alberta Black Shale Project would not prioritize any one metal.

The value would be the collective value of the polymetallic mineralization including Mo-Ni-U-V-Zn, Cu-Co-Cd-Ag (Au)-(Li) with 75-85% of the in-situ value contributed by Mo-Ni-U-V.

The ore would be processed by bioleaching, recently used at Talvivaara, which involves bacteria that consume iron and sulphur.

DNI Metals is currently working on an updated NI 43-101 report and PEA for the fall as well as continuing with metallurgical testing.

With two proposed mineral deposits, one of which is believed to contain 1.2-1.3 B short tons of mineralized material, the other 123 million short tons, and both at higher grades than Talvivaara, DNIs next question becomes how much can be recovered and at what cost? Full report attached.



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